GST on establishment of Integrated Cryogenic Engine & Stage Test facility for ISRO

GST on establishment of Integrated Cryogenic Engine & Stage Test facility for ISRO The supply as specified in the contract between the applicant and the ISRO Propulsion Complex Mahendragiri for establishment of Integrated Cryogenic Engine & Stage Test facility wherein both goods and services supplied is a Composite Supply in terms of Section 2(30) of CGST Act, 2017 - the applicant supplies materials and in conjunction provides the service of erection of the Systems into at the Integrated Cryogenic Engine & Stage Test Facility making all the systems together as an immovable property. Therefore, the whole contract for ‘Establishment of an Integrated Cryogenic Engine & Stage Test Facility’ at ISRO Propulsion Complex (IPRC), Mahendragiri at ISRO Propulsion Complex (IPRC), Mahendragiri is a Works Contract’ - The entire transaction is taxable at the rate applicable to this supply of works contract Click here to Download the Order For Regular Updates Join : https://t.me/Studycafe